Australia news live: KMPG axes hundreds of staff in wake of audit leaks scandal; jobseeker now barely two-thirds of pension

The Guardian reports that KMPG, a major audit and consulting firm, said its revenue fell by one percent year‑on‑year and that it is cutting hundreds of jobs in the wake of an audit‑leaks scandal. The firm’s downsizing comes as it faces heightened scrutiny over the leak. Meanwhile, the defamation trial of radio host Alan Jones entered its fourth week, with witnesses expected to appear before Judge Glenn Walsh in Sydney.

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